Sited in the sought-after community of Poplar Tree Estates, this beautifully updated residence offers the perfect blend of timeless charm and modern comfort. Enjoy sidewalks throughout the neighborhood and direct access to the scenic Rocky Run Stream Valley Trail, ideal for outdoor recreation and everyday enjoyment. Inside, the home is impeccably maintained and thoughtfully designed for both comfortable living and effortless entertaining. A welcoming living room and elegant formal dining room provide refined gathering spaces. The renovated kitchen is a true centerpiece, featuring a sun-filled breakfast area with a large bay window overlooking the private rear yard. It opens seamlessly to the inviting family room, complete with a gas fireplace and sliding glass doors that lead to a spacious deck, perfect for indoor-outdoor living. Upstairs, the generously sized primary suite serves as a relaxing retreat, offering a walk-in closet and a beautifully updated en-suite bath. Three additional well-proportioned bedrooms and a hall bath complete the upper level, providing comfortable accommodations for family and guests. The walkout lower level offers exceptional flexibility and is ready to be finished to suit your vision, whether a recreation room, home gym, guest suite, or additional living space. The home is perfectly sited on a beautifully landscaped lot with a fully fenced rear yard, offering both privacy and space to enjoy. Recent improvements include fresh interior paint and new carpet (2026), renovated kitchen, primary bath, and powder room (2023), AC & Furnace (2022), irrigation system (2022), hot water heater (2020), roof (2019), and Andersen windows (2013). Ideally located within one mile of Chantilly High School, Rocky Run Middle School, Poplar Tree Elementary, and Greenbriar Park. The neighborhood is home to the Poplar Tree Pirates Swim Team, known for its vibrant summer season, weekly social events, and strong sense of community. Conveniently located near shopping, dining, Fairfax County Parkway, Route 50, and Fair Oaks Mall, this home offers an exceptional lifestyle in a prime location.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
